Fujian Funeng Co., Ltd, together with its subsidiaries, generates electricity primarily in China. It generates electricity through natural gas, wind, and other diversified sources, as well as operates heat and power generating units. The company has a total installed capacity of 3144 MW. It also produces and sells cotton yarn, PU synthetic leather, PU leather, health materials, environmental protection filter materials, automotive materials, nonwoven, and knitted fabrics. The company is based in Fuzhou, China. Fujian Funeng Co., Ltd is a subsidiary of Fujian Energy Group Co., Ltd.
Fujian Funeng Dividend Announcement
• Fujian Funeng announced a annually dividend of ¥0.31 per ordinary share which will be made payable on 2024-07-08. Ex dividend date: 2024-07-08
• Fujian Funeng annual dividend for 2024 was ¥0.31
• Fujian Funeng annual dividend for 2023 was ¥0.52
• Fujian Funeng's trailing twelve-month (TTM) dividend yield is 3.12%
• Fujian Funeng's payout ratio for the trailing twelve months (TTM) is 48.74%
• Fujian Funeng's dividend growth over the last five years (2018-2023) was 21.06% year
• Fujian Funeng's dividend growth over the last ten years (2013-2023) was 26.39% year
Fujian Funeng Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-08 | ¥0.31 | annually | 2024-07-08 |
2023-07-04 | ¥0.52 | annually | 2023-07-04 |
2022-07-08 | ¥0.21 | annually | 2022-07-08 |
2021-07-28 | ¥0.27 | annually | 2021-07-28 |
2020-06-08 | ¥0.25 | annually | 2020-06-08 |
2019-07-29 | ¥0.21 | annually | 2019-07-29 |
2018-06-11 | ¥0.20 | annually | 2018-06-11 |
2017-07-10 | ¥0.20 | annually | 2017-07-10 |
2016-06-16 | ¥0.20 | annually | |
2015-06-24 | ¥0.20 | annually | |
2014-05-19 | ¥0.05 | annually | |
2013-07-16 | ¥0.05 | annually |
Fujian Funeng Dividend per year
Fujian Funeng Dividend growth
Fujian Funeng Dividend Yield
Fujian Funeng current trailing twelve-month (TTM) dividend yield is 3.12%. Interested in purchasing Fujian Funeng stock? Use our calculator to estimate your expected dividend yield:
Fujian Funeng Financial Ratios
Fujian Funeng Dividend FAQ
Other factors to consider when evaluating Fujian Funeng as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Fujian Funeng's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Fujian Funeng publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Fujian Funeng distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Fujian Funeng are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Fujian Funeng sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Fujian Funeng distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Fujian Funeng declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Fujian Funeng's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Fujian Funeng's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.